Bermuda Trade Summary

2012 Data

Bermuda exports, imports, tariff by year.

Country / Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports

Products

TRADE SUMMARY FOR Bermuda

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 10
No. Of products: 333
No. Of partners: 16
Importsmore »
Imports (in US$ Mil): 867
No. Of products: 3,351
No. Of partners: 154

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Universal AC/DC moto ...1,430.33
Musical instruments ...1,343.91
Rum and tafia794.03
Petroleum oils, etc, ...608.26
Articles of precious ...468.63
Imports (US$ Thousands)
Petroleum oils, etc, ...78,684.24
New stamps; stamp-im ...71,754.24
Other medicaments of ...20,561.51
Telegraphic apparatu ...10,836.10
Wine (not sparkling) ...9,579.81

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States5 55.38
Unspecified3 30.66
United Kingdom1 7.33
Switzerland0 2.45
France0 1.80
Exporter Trade (US$ Mil) Partner share(%)
United States601 69.34
Canada96 11.09
United Kingdom32 3.67
Venezuela29 3.38
Barbados17 1.96

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials0 0.83 52 5.97 5.27
Intermediate goods1 6.04 59 6.77 14.05
Consumer goods6 58.48 520 59.98 17.58
Capital goods3 34.39 117 13.55 24.36

Trade Indicators

more »
HH Market concentration index: 0.22
Index of export market penetration: 1.29
World Growth: 0.03
Country Growth: -31.74

Tariffs

more »
No Of Tariff Agreement: 1
Maximum Rate (%): 1,181.26
Simple Average (%): 18.40
Weighted Average (%): 17.44
Duty Free Imports (US$ Thousand): 106,497.43
Duty Free Tariff Lines Share (%): 6.39

Development Indicators

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GDP (current US$): 5,538
GNI per capita, Atlas method (current US$): 106,080.00
Trade Balance (% of GDP): 18.11
Trade Balance (current US$ Mil): 1,003.00
Trade in services (% of GDP): 41.31
Trade (% of GDP): 75.42